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Montevideo, November 27th 2021 - 20:40 UTC

Tag: Jaakko Sarantola, Senior Vice President, UPM, Uruguay

  • Wednesday, November 8th 2017 - 07:35 UTC

    Finnish company sets out conditions for the building of a second pulp mill in Uruguay

    UPM will carry out an engineering study and permitting process for a pulp mill with an annual capacity of about 2 million tons of eucalyptus market pulp.

    Finland's UPM and the Government of Uruguay have signed an investment agreement, which outlines the local prerequisites for a potential pulp mill investment. The agreement details the roles, commitments and time-line for both parties as well as the relevant items to be agreed prior to the final investment decision, reported the Finnish company in a release on Tuesday.

  • Thursday, May 4th 2017 - 06:29 UTC

    Uruguay advances with investors in a project to build a third pulp mill

    “Some remaining items still need to be solved as we start the work on the contract language which will specify the mutual responsibilities”, pointed out Sarantola.

    “Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,” says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform.